Climate control renter acquired by Atlas Copco
09 August 2023
Atlas Copco has announced the purchase of Spain-based Climorent, a company that rents industrial cooling equipment. No purchase price has been disclosed.
Headquartered in Catalonia, the company serves general industry, including chemical and food and beverage sectors.
Atlas Copco says the company, which has 15 employees and generated revenues of €2 million last year, will be added to its specialty rental division within the Power Technique business area
Andrew Walker, president of Power Technique, said, “Climate change is fueling increased demand for efficient cooling solutions in industrial and other applications.
“Climorent has a strong local footprint within rental industrial cooling solutions and has potential for further growth.”
The addition to its specialty division is the latest to be made by Atlas Copco this year. In June it acquired National Pump & Energy (NPE), a major pump, power and compressor rental and sales business in Australia and New Zealand.